Insects Ingredients Market Introduction:
Insects are often considered a nuisance to human beings and mere pests for crops and animals but Insects provide food at low environmental cost, contribute positively to livelihoods, and play a fundamental role in nature. It is estimated that insects form part of the traditional diets of at least 2 billion people. More than 1900 species have reportedly been used as food ingredients. Insects are a highly nutritious and healthy food source of high fat, protein, vitamin, fiber and mineral content. The nutritional value of edible insects is highly variable because of the wide range of edible insect species. Even within the same group of species, the nutritional value may differ depending on the metamorphic stage of the insect, the habitat in which it lives, and its diet. For example, the composition of unsaturated omega-3 and six fatty acids in mealworms is comparable with that in fish (and higher than in cattle and pigs), and the protein, vitamin and mineral content of mealworms is similar to that in fish and meat. Findings from several other animal and human studies that use of insects can be seen as sustainable food.
Insects Ingredients Market Drivers and Trends
Recent high demand and consequent high prices for fishmeal/soy, together with increasing aqua culture production, is pushing new research into the development of insect ingredients for aquaculture and poultry. Insect ingredient products could have a similar market to fishmeal and soy, which are presently the major components used in ingredient formulae for aquaculture and livestock. Available evidence suggests that insect-based feeds are comparable with fishmeal and soy-based feed formulae. Live and dead insects already have established niche markets, mainly as feed given to pets and at zoos. However, In most Western countries, people view entomophagy with disgust and associate eating insects with primitive behavior and these benefits are largely unknown to the public. Contrary to popular belief, insects are not merely “famine foods” eaten in times of food scarcity or when purchasing and harvesting “conventional foods” becomes difficult; many people around the world eat insects out of choice, largely because of the palatability of the insects and their established place in local food cultures is restricting the market.
Insects Ingredients Market Segmentation:
Insects Ingredients is segmented on the basis of application and form. On the basis of application, it is segmented as the food additive, cosmetics, and dietary supplement. The dietary supplements of Insects Ingredients are widely due to its higher protein concentrates. As a food additive Insects Ingredients is used as a natural protein alternative. The cosmetic use of ingredients includes soothing gel, as a moisturizer for soothing the skin, anti-acne and used in ointments due to its
potent antioxidant effect. Insects Ingredients is further segmented on the basis of form as powder, liquid, and tablets.
Insects Ingredient Market Regional Outlook
The global insect ingredient market is segmented into Europe, Asia Pacific, North America, and the Rest of the World. The Asia Pacific emerged as the leading region in terms of consumption of insects ingredients. Countries such as Sri Lanka, Malaysia, India, Bangladesh, and China are the major consumers of edible insects in the region. The insect's ingredient market in Africa is also expected to witness strong growth owing to the demand for insects ingredient for nutritional value.
Insects Ingredients Market Key Players:
With the increasing consumer demand for natural colors, more and more manufactures are emerging in the global Insects Ingredients market and some of the key players participating in the global Insects Ingredients market includes; Proti-Farm, Entomo Farms, Protix and many other.
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Regional analysis of Insects Ingredients market includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.